Peoria Economy (Mason: employment, construction, taxes)

[linicx]

The Friday night news on 31 reported unemploymnet raised to a little over 7%, and 1400 jobs filled in the last year. She was reading from script, and I cannot find it on the web site.. Employment agency states 19% of the companies polled are going to hire moderately until June while 14% stated they were going to down size. It is a mixed message.

According to this local station Governor Quinn wants to raise taxes on workers 3 percent. Those with a household of four making $57,000 or less will not be affected. I would hope not.

As to the Illinois poor, the federal stimulus package only applies to the poorest residents. In Mason County the limit for two is $19,000 annually.
Some counties have higher limits, some county limits are lower.

[mdand3boys]

Originally Posted by linicx

The Friday night news on 31 reported unemploymnet raised to a little over 7%, and 1400 jobs filled in the last year. She was reading from script, and I cannot find it on the web site.. Employment agency states 19% of the companies polled are going to hire moderately until June while 14% stated they were going to down size. It is a mixed message.

According to this local station Governor Quinn wants to raise taxes on workers 3 percent. Those with a household of four making $57,000 or less will not be affected. I would hope not.

As to the Illinois poor, the federal stimulus package only applies to the poorest residents. In Mason County the limit for two is $19,000 annually.
Some counties have higher limits, some county limits are lower.

Those numbers seem way out of whack! There was a recent Peoria Journal Star article (front page headline) that mentioned 5100 jobs lost in January alone! I work for a CAT supplier and we trimmed 75 out of about 140. I know of multiple other suppliers that have cut one hundred plus jobs EACH. I don't even believe the PJS article about 5100 cuts. CAT has dropped several thousand more than that alone in this area.

[Badday]

I have relatives living in Peoria. But, it makes no difference as far as the lies you are fed by the local and national media. If they say unemployment is 7% might want to ad 3 percent or more onto that. More like 10 or 12%.

[linicx]

I don't know where they got their facts as it was not on the website. Part of the information came from a poll and a local employment agency.

I don't know the answer. I don't know now many of the Peoria Cat workers were moved to a new location. And I don't know how many of the unemployed are now working. The 31 website did say the majority of jobs were in medical, construction and industry. Go figure. I suspect we will see more of Cat being moved to other right to work states where they are getting huge tax breaks from the state and the cities where they are moving into. Peoria survived before Holt Manufacturing was a dream and it will survive after Caterpillar is a memory.

What Illinois needs to do its get its taxes and utility companies under control again.